Rising Energy Costs Putting Additional Pressure on UK Businesses

Are you doing business in the UK? If so, you are probably facing the same pain as many others when it comes to rising energy costs.

While it is easy to believe that you don’t have a choice, nothing could be further from the truth. Despite the fact that you may be faced with this headache right now, making a few changes in the future could put you in a better position sooner rather than later.

A recent story by Guardian News – Energy bills push UK inflation to nine-month high – discusses this problem in great detail. As you can tell from the title alone, there are two problems here.

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First and foremost, companies are being hit with rising energy bills. Consequently, their bottom line is suffering. In an economy that doesn’t need any more bad news, this is never a good thing.

Secondly, energy bills are contributing to the rise in UK inflation. The Office for National Statistics has reported that inflation measured by the consumer prices index increased to 2.8 percent from 2.7 percent last month. This may not seem like a big increase, but it pushes inflation to the highest it has been over the past nine months.

Believe it or not, officials have blamed the increase on recent increases in domestic energy tariffs from the UK’s major suppliers in correspondence with a rise in petrol prices.

What Now?

With all this in mind, business owners often times feel that there is no way out. Fortunately, this is not the case.
Every company has the right to choose their own energy provider. Although sticking with your current provider is your right, it may mean you are spending more money than you have to on gas and electric.

Switching to a cheaper energy provider is easier than ever before. In fact, it only takes a few minutes, and the http://www.powerexperts.co.uk website, to compare plans from leading providers including npower, EDF, Shell, Gazprom and others to get yourself on the right path.

With this type of online tool, any company, regardless of industry, can compare commercial rates from local energy providers.

If you realise that your current provider is cheapest, you don’t have any options for a change at the present time. However, you may be lucky enough to find a company that is able to provide you with the same service at a lower monthly rate. This is what you are looking for.

With rising energy costs, UK businesses are dealing with yet another financial setback. If nothing else, you owe it to yourself to compare providers with the hopes of saving money.

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